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LCD TVs: Buy Now!

by Tim Stevens on May 21, 2007 at 02:06 PM



If you've been waffling over the purchase of a new LCD TV, leggo that Eggo and pull out your plastic. For the first time in recent years, LCD manufacturing costs are back on the rise, which means prices will get no lower than they are right now. The rising costs can be attributed to the LCD panels themselves -- the main display component of the television, which can account for up to 60 percent of the total price.

High demand for LCDs in recent years has led to increased production by panel manufacturers. At the same time, new manufacturers sniffed out a profit to be made and entered the game as well. The result was a flooded market that drove down prices so low that the price for 32-inch panels actually fell below what it cost manufacturers to produce them. Some companies slashed prices, while others left the industry completely.

But, according to Wired, the supply is leveling out and prices are rebounding. While you probably won't see the increases right away, you should assume prices are as low as they're going to be for the foreseeable future. So, no more procrastinating, eh?

From Wired

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Tags: affordable, bargain, breaking+news, cheap, LCD TV, LcdTv, top

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